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U.S. Gasoline Prices at 2016 High
The price of a gallon of unleaded regular gasoline in the U.S. begins this week at $2.39, its highest for the year to date, according to the AAA Daily Fuel Gauge Report.
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The price of a gallon of unleaded regular gasoline in the U.S. begins this week at $2.39, its highest for the year to date, according to the AAA Daily Fuel Gauge Report.
Prices haven’t been this high since last September. But for today’s date in particular, they’re still lower than they’ve been since June 13, 2005.
AAA says the average gasoline price in the U.S. was at $2.21 per gallon a month ago and $2.80 a year ago. The any-month average peaked at $4.11 in July 2008.
Today's prices are highest in California ($2.86) and Michigan ($2.74). The lowest averages are in South Carolina ($2.08) and Mississippi ($2.10).
AAA notes that the price of crude oil has risen more than $13 per barrel over the past few weeks. The group says a $1 change in petroleum prices equates to a 2.4-cent shift in gasoline prices.
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